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Tip #9: Ask Two Key Questions in a Competitive Buyer Situation

January 11, 2020 No Comments

Even in a challenging market, you could find yourself competing against another buyer for a low-priced property (see “Understanding Short Sales and Foreclosures” above). The listing agent is prohibited from disclosing details of any offers received, so she will ask both buyers to return with their “best and highest offer”. She will then choose one buyer with whom to negotiate a final agreement acceptable to the seller. When considering your offer price, ask yourself, “If

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Tip #8: Understand How to Determine the True Value of a Property

January 11, 2020 No Comments

A home is worth whatever a buyer is willing to pay and a seller is willing to accept. An experienced, busy real estate broker, knows best how to determine the true value of a property because they are working with buyers and sellers in the current real estate market, and they have access to the best data (from the MLS). They will also correctly adjust for quality and feature differences. The second best valuation source

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Tip #12: If Buying Also, Go For a Simultaneous Closing

January 10, 2020 No Comments

If you are both selling and buying a home, the timing is important. If you sell your home before you find the next one, you will end up moving twice, once into a temporary location, then later into your new home. If you buy your new home before you sell your current home, you will end up paying two mortgages for a while (which also requires the approval of your lender). However, with a smart

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Tip #10: Make Price Adjustments Quickly Based on Showing Traffic

January 10, 2020 No Comments

Insufficient showings means your home is overpriced. In our market, if you get three or fewer showings in the first 30 days, the market is telling you your home is overpriced by at least 10%. If you get between 4 and 12 showings, you home is 4% to 7% overpriced. If you get 12 or more showings in the first 30 days, but no offer, your home is about 3% overpriced. For higher-priced or very unique

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Tip #5: Get Your Improvements Permitted and Inspected

January 10, 2020 No Comments

If you have made any structural changes to your property that were not permitted and inspected, you will have to tell the buyer on the required Residential Property Disclosure Statement. That will make most buyers nervous, and even if they are not concerned, they will use it as a negotiating lever. As a result, it is almost always better to get the space inspected and make any necessary repairs. If you did it right in

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Tip #2: Start Your Home Search Early

January 4, 2020 No Comments

Most buyers purchase a home that does not match their original criteria 100%. It’s important to start your home search early because if you start looking too late, you might buy the wrong home. It makes sense to start looking and exploring long before you are ready to buy to give yourself time to learn and think about what you see. Your criteria for your next home will evolve and change as you look at

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Landscaping

January 2, 2020 No Comments

Buyers keep looking until they fall in love. They are not looking for “a” home, they are looking for “the” home, their “dream” home. They are tired of seeing homes (9 out of 10) that are not ready for sale. They want a clean, fresh, move-in-ready home. Most do not want to do even minor projects. As a seller, you must understand the mind of the buyer and make buyers fall in love with your

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Talking to a Mortgage Broker: Questions Asked & Documents Needed

January 1, 2020 No Comments

Before talking to your mortgage broker, there are a few things you’ll want to have in order and some questions you will want to have thought about to make the process go as quickly and smoothly as possible. We at Hunter Rowe have compiled a list of basic information you’ll want to consider. Initial Contact What do you want your monthly payment to be? Use our mortgage calculator to look at payment options! Where do

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Upgraded Kitchens Sell Homes

December 31, 2019 No Comments

The kitchen is the heart of the home where people will spend the most time.  We have found that making this room as attractive and updated as possible has a strong positive influence on buyers decision to purchase your home. Granite countertops in the kitchen. They are almost a necessity in the Raleigh area if you expect your home to sell for over $250,000. You should be able to get them for $45 per square

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Importance of Real Estate Photography when Selling Your Home

December 17, 2019 No Comments

Although 89% of buyers in the triangle use a real estate agent to purchase a home, the number of online searches for homes has drastically increased (253% in the last 4 years!).  Most buyers search on the internet to become familiar with what is available before contacting an agent. Even while working with an agent, buyers still typically do their own searches. According to THIS 2012 joint study between Google and National Association of Realtors® ,

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Hunter Rowe Paints The Triangle Pink

October 10, 2019 No Comments

Hunter Rowe to Honor Breast Cancer Awareness Month Raleigh, NC—This October, Hunter Rowe Real Estate Agents and Advisors changed their “For Sale” yard signs to pink for Breast Cancer Awareness Month. In addition, Hunter Rowe will donate $100 per referral* to the Breast Cancer Research Foundation. We have already made a $6,000 contribution. For years, Hunter Rowe has stood as a leader in real estate. With the lowest average days on market for home sellers

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Kristin made Buying New Construction a Breeze

March 30, 2016 No Comments

Until we met Kristin we did not realize the value of having a realtor during the purchase of new construction.  But what a blessing!  Having Kristin has lightened the burden of having to miss work to make inspection appointments or the need to respond to questions from the builder.  She has handled everything for us in such a professional manner.  Her knowledge of the industry, high-energy personality, and attention to detail have made this entire

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Why Isn’t My House on Zillow or Trulia?!

August 11, 2015 No Comments

Earlier this year, Zillow Group (Zillow, Trulia, Diverse Solutions, etc.) and many Multiple Listing Services (MLS) throughout the nation, ended formal agreements with one another.  As a result, listings within these markets’ MLS seized to syndicate, or automatically integrate, with sites such as Zillow, Tulia, Yahoo Real Estate, etc. Not surprisingly, this left many people who had recently listed their houses wondering why there house was not available on these sites. At Hunter Rowe Real

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Hunter Rowe spring appreciation event celebrates culture and clients

June 12, 2015 No Comments

Earlier this month, we whisked our clients away on an adventure that included art, wine and laughter. The best part about this trip – we didn’t even have to leave the Triangle. Our spring client appreciation event was held at Bev’s Fine Art Gallery in Raleigh. More than 200 people attended the private gallery viewing. It was clear from these photos that everyone had a great time. We host a client appreciation party about four

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Big boom is coming to Pittsboro with Chatham Park

June 2, 2015 No Comments

We’re excited about a huge development in the works near Jordan Lake and downtown Pittsboro. Chatham Park will cover more than 7,000 acres (Yep, you read that right — 7k!) and is designed to be a live-work-play community. Location The region of the future. That’s how this development is being described in a video on the developer’s website. We couldn’t agree more. It’s a short distance from all the major locations – Raleigh, Durham and

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